NOT LISTED FOR SALE

340 Main St Unit 201 Melrose, MA 02176

Wyoming Neighborhood

Estimated Value: $316,000 - $370,000

1 Bed
1 Bath
563 Sq Ft
$473/mo HOA Fee

Last Sold October 13, 2023

Last sale price $320,000 $568 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,274/month

5 Days on Market

Highlights

  • Medical Services
  • 4-minute walk to Wyoming Hill
  • Property is near public transit
  • Lincoln Elementary School Rated A-
  • Custom Closet System
  • Wood Flooring

About This Home

As of October 2023

PRIME LOCATION!!! Located in the HEART of downtown Melrose, just a block away from the Wyoming commuter rail MBTA stop, this HUGE bright corner unit has it ALL! The kitchen comes beautifully updated with newer stainless steel appliances, overlooking all the shops and restaurants that downtown Melrose has to offer! There are a DOZEN sunlight filled windows, complete with new blinds, as well as new ceilings fans throughout, allowing a peaceful cross breeze during the summer months. Also included is a wall AC unit which quickly cools the entire condo! Not only is this residence priced under $300k in one of the most DESIRABLE areas outside of the Boston, but it comes with the option of being FULLY FURNISHED! Thousands of dollars worth of barely used furnishings that already make this condo a home, saving any buyer substantially on this investment! Off-street PARKING is INCLUDED and laundry is conveniently located within the building! Showings begin at the open house Saturday from 10am-12pm

Last Agent to Sell the Property

Christie Kane

Bella View Realty Group, LLC Listed on: 09/06/2023

Last Buyer's Agent

Ebb & Flow Group

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,097

Year Built

  • Built in 1970

HOA Fees

  • $473 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 563 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Intercom
  • Laundry on upper level
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • Custom Closet System
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lincoln Elementary School
  • Melrose Middle School
  • Melrose High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 653958

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 71 Units
  • Mid-Rise Condominium
  • Melrose Place Condominium Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,097

Year Built

Built in 1970

Lot Details

0

HOA Fees

$473 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1970
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Interior Amenities: Internet Available - Unknown
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile
  • Laundry Features: Fourth Floor
  • Room Living Room Level: Second
  • Room Living Room Features: Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile
  • Basement: Y
  • Living Area: 563
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN7585
  • MAIN SO: AN2383

Exterior Features

  • Common Walls: Corner
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Wall Unit(s)
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s)
  • Association Fee: 473.24
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 653958
  • Zoning: BA2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3097

Multi Family

  • Number Of Units Total: 71
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Melrose
  • Elementary School: Lincoln
  • Middle Or Junior School: Melrose

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2006
Sold by
Orgettas Christopher J
Bought by
Fitzpatrick Margaret
Current Estimated Value
$342,027

Purchase Details

Closed on
Jun 29, 2005
Sold by
March-Eisner Tracy B and March Tracy Bursey
Bought by
Orgettas Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1998
Sold by
Levy Alan and Jodoin-Levy Cynthia
Bought by
March Tracy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fitzpatrick Margaret $219,000 --
Orgettas Christopher J $215,000 --
March Tracy B $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orgettas Christopher J $204,250
Previous Owner March Tracy B $50,000
Previous Owner March Tracy B $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2023 10/13/23 Sold $320,000 +6.7% $568 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $299,900 +20.0% $533 / Sq Ft
04/04/2019 04/04/19 Sold $250,000 -3.8% $444 / Sq Ft View Prior Sale
02/13/2019 02/13/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $259,900 +4.0% $462 / Sq Ft
01/31/2019 01/31/19 Off Market $250,000 -- --
01/31/2019 01/31/19 For Sale $259,900 +4.0% $462 / Sq Ft
12/20/2018 12/20/18 Off Market $250,000 -- --
11/01/2018 11/01/18 For Sale $259,900 +53.1% $462 / Sq Ft
04/30/2013 04/30/13 Sold $169,750 -5.2% $302 / Sq Ft View Prior Sale
04/06/2013 04/06/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $179,000 -- $318 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29 $290,300 $0 $290,300
2024 $3,020 $304,100 $0 $304,100
2023 $3,097 $297,200 $0 $297,200
2022 $2,962 $280,200 $0 $280,200
2021 $2,932 $267,800 $0 $267,800
2020 $3,119 $282,300 $0 $282,300
2019 $2,900 $268,300 $0 $268,300
2018 $2,484 $219,200 $0 $219,200
2017 $2,515 $213,100 $0 $213,100
2016 $2,365 $191,800 $0 $191,800
2015 $2,154 $166,200 $0 $166,200
2014 $2,151 $162,000 $0 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73155802

MLS Property Information Network (MLS PIN)

APN: MELR-000006C-000000-000058-000004